Are Analysts Too Bullish On Boeing Co (BA)

Boeing Co (NYSE:BA) currently has a daily average trading volume of 8.09M but it saw 5722975 shares traded in last market. With a market cap of 126.83B USD, the company’s current market price of $168.56 came rising about 0.23 while comparing to the previous closing price of $168.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $196.95 and as low as $137.03. In the recent trading on the day, stock has struck highest price mark of $165.55 while lowest mark touched by it was $170.38.

Taking a look at 20-day trading activity of Boeing Co (BA) gives us an average price of $167.17, while its current price level is -14.41% below from 52-week high level whereas it is 23.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $173.48 while that of 200 days or SMA-200 reads an average of $167.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.23% during that period while stretching the period over a month that increases to 3.48%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.86 which implies that the stock is in neutral territory.

Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on January 06, 2025 while assigning a price target range of $190-$210.

Over the week, BA’s stock price is moving -5.60% down while it is 6.08% when we observe its performance for the past one month. Year-to-date it is -4.77% down and over the past year, the stock is showing a downside performance of -11.05%.

The company is expected to be releasing its next quarterly report on 2025-Jan-27, for which analysts forecasted an EPS of -1.29 while estimate for next year EPS is -1.82. In next quarter, company is expected to be making quarterly sales of $20.42B as analysts are expecting the sales for current fiscal year at $85.1B and seeing the company making $98.99B in sales next year. Moreover, analysts are in estimates of $19.56B for current-quarter revenue.

Currently, Boeing Co’s total number of outstanding shares is 752.41M with 0.08% of that held by the insiders while 75.48% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -23.54%. It has a 43.53 of forward P/E ratio. Stock’s beta reads 1.42. Stock has a price to sale or P/S ratio amounts to 1.91. Its return on asset (ROA) is -8.06% on average.